Starting Dynare (version 6.1).
Calling Dynare with arguments: none
Starting preprocessing of the model file ...
WARNING: P00ra.mod:199.1-32: Symbol y declared twice.
WARNING: P00ra.mod:199.1-32: Symbol c declared twice.
WARNING: P00ra.mod:199.1-32: Symbol k declared twice.
WARNING: P00ra.mod:199.1-32: Symbol i declared twice.
WARNING: P00ra.mod:199.1-32: Symbol n declared twice.
WARNING: P00ra.mod:199.1-32: Symbol y_n declared twice.
WARNING: P00ra.mod:199.1-32: Symbol z declared twice.
WARNING: P00ra.mod:199.1-32: Symbol r declared twice.
WARNING: P00ra.mod:199.1-32: Symbol w declared twice.
WARNING: P00ra.mod:199.1-32: Symbol sigma_c declared twice.
Found 10 equation(s).
Evaluating expressions...
Computing static model derivatives (order 1).
Normalizing the static model...
Finding the optimal block decomposition of the static model...
3 block(s) found:
  2 recursive block(s) and 1 simultaneous block(s).
  the largest simultaneous block has 6 equation(s)
                                 and 6 feedback variable(s).
Computing dynamic model derivatives (order 3).
Normalizing the dynamic model...
Finding the optimal block decomposition of the dynamic model...
3 block(s) found:
  2 recursive block(s) and 1 simultaneous block(s).
  the largest simultaneous block has 6 equation(s)
                                 and 6 feedback variable(s).
Preprocessing completed.
Preprocessing time: 0h00m00s.
Call solver on the full nonlinear problem.

STEADY-STATE RESULTS:

y       		 1.21155
c       		 0.921751
k       		 14.4898
i       		 0.289796
n       		 0.3
y_n     		 4.03848
z       		 0
r       		 0.010101
w       		 2.58463
sigma_c 		 3

EIGENVALUES:
         Modulus             Real        Imaginary
            0.95             0.95                0
          0.9731           0.9731                0
           1.038            1.038                0
        3.12e+16        -3.12e+16                0
             Inf              Inf                0

There are 3 eigenvalue(s) larger than 1 in modulus for 3 forward-looking variable(s)
The rank condition is verified.


MODEL SUMMARY

  Number of variables:         10
  Number of stochastic shocks: 1
  Number of state variables:   2
  Number of jumpers:           3
  Number of static variables:  5


MATRIX OF COVARIANCE OF EXOGENOUS SHOCKS
Variables         e_z
e_z          0.000049



MOMENTS OF SIMULATED VARIABLES
VARIABLE              MEAN       STD. DEV.        VARIANCE        SKEWNESS        KURTOSIS
y                 1.207721        0.026702        0.000713        0.027235        0.220788
c                 0.919421        0.009749        0.000095        0.093954       -0.019683
k                14.406224        0.352729        0.124417        0.183136       -0.103404
i                 0.288301        0.018950        0.000359       -0.004243        0.199110
n                 0.300569        0.002184        0.000005       -0.089958       -0.096401
y_n               4.018529        0.101889        0.010381        0.093211        0.129581
r                 0.010261        0.000609        0.000000       -0.058916       -0.136930
w                 2.577397        0.029216        0.000854        0.146322       -0.117264
sigma_c           3.000000        0.000000        0.000000             NaN             NaN


CORRELATION OF SIMULATED VARIABLES
VARIABLE          y        c        k        i        n      y_n        r        w  sigma_c
y            1.0000   0.8623   0.6199   0.9655  -0.3129   0.9621  -0.5225   0.5226      NaN
c            0.8623   1.0000   0.9318   0.7006  -0.7507   0.9676  -0.8822   0.8824      NaN
k            0.6199   0.9318   1.0000   0.3941  -0.9390   0.8103  -0.9925   0.9929      NaN
i            0.9655   0.7006   0.3941   1.0000  -0.0547   0.8579  -0.2824   0.2825      NaN
n           -0.3129  -0.7507  -0.9390  -0.0547   1.0000  -0.5599   0.9733  -0.9732      NaN
y_n          0.9621   0.9676   0.8103   0.8579  -0.5599   1.0000  -0.7350   0.7352      NaN
r           -0.5225  -0.8822  -0.9925  -0.2824   0.9733  -0.7350   1.0000  -0.9998      NaN
w            0.5226   0.8824   0.9929   0.2825  -0.9732   0.7352  -0.9998   1.0000      NaN
sigma_c         NaN      NaN      NaN      NaN      NaN      NaN      NaN      NaN      NaN


AUTOCORRELATION OF SIMULATED VARIABLES
VARIABLE         1       2       3       4       5
y           0.9379  0.8773  0.8213  0.7705  0.7214
c           0.9843  0.9676  0.9503  0.9329  0.9145
k           0.9983  0.9947  0.9891  0.9817  0.9726
i           0.9168  0.8363  0.7628  0.6969  0.6336
n           0.9888  0.9763  0.9628  0.9485  0.9330
y_n         0.9637  0.9274  0.8930  0.8607  0.8286
r           0.9975  0.9932  0.9870  0.9789  0.9693
w           0.9975  0.9932  0.9870  0.9790  0.9694
sigma_c        NaN     NaN     NaN     NaN     NaN
Total computing time : 0h00m06s
Note: 10 warning(s) encountered in the preprocessor
